About 10 years ago I was gifted a trust from a wealthy aunt. With about $350k invested, it is currently managed by Morgan Stanley who skims about one percent in annual fees. It has been suggested to me to carry it over to Vanguard to avoid these fees. Looking for any insight. I am pretty financially illiterate but trying to get smart. Anything else I need to look into to ensure the trust is well managed?

Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

Has anyone gone to an estate sale in the city?

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

Anyone else catch Tesla today? After months of no trading and waiting for the right time I had 10 700c I bought Friday at $695 a piece and exited at 4K a piece for a profit of 33K. Time to stay composed and wait for the next high conviction setup

Is there a home buying group for Seattle area?

Does anyone have any good mortgage broker recommendations that will help find a way to not pay PMI?

Any recommendations for high div stocks with good balance sheets. I’m thinking these could be the best picks in this market with many growth stocks seemingly overvalued

Hi new to dfw area looking to buy a house. How’s the commute downtown from Frisco/McKinney area?

Anyone with a leased car move from NJ to other states? If yes, could you please help me understand the process to get sales tax refund from NJ? Thanks in advance!

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

I work for a company that gives me RSUS as part of my compensation. Am I allowed to short the companies stock to minimize my downside risk in case stock price drops? I value certainty of my RSU payments over any potential upside

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

So. I plan to invest $100k new money and I want to know what stocks are looking the best. Esp considering future results from the vaccine...

If I max out my 401k before the end of the year, I am still eligible for employer matching?

What do you think is a reasonable total fee for a prenuptial agreement where both parties have significant assets and there is some negotiation? What about for a dissolution with a complex asset situation and children? I had a prenup a few weeks ago that came out to $7,000 and another about $5500, and I didn’t overbill, but I am willing to write some off if that seems excessive or I am just slow. There were several negotiations on the higher priced one. (Continued…)

Anybody here make significant weekly/monthly passive income off Covered Calls and/or selling puts? Looking for success/failure stories for those who have tried this!

SNAP - 5/22 $18p, b/e $16.86

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

Any opinions about Thesis as a creative?

Just signed my offer! Is there an internal bowl I can join?

Are customer engineers allowed to work from a country other than US if needed for a few days ? I am planning to visit India for visa stamping and I won’t have much PTOs to take.

On H1-B with approved I-140, currently looking out for State & Local Tax Senior/New Manager opportunity. Kindly share the leads, thank you.

Pay your fair share!

I have got an addendum letter from Wipro today stating that my date of Joining has been extended by 45 days. My joining was in mid August. I have 2 options to Accept or Reject the addendum.
Can i reject the addendum, how will it impact if I reject it ?

Friends, don’t take a full blown conference call in the middle of an open floor space. Go squat in a Partner’s office. Isn’t this basic office etiquette ?

What is the salary package for Technology Analyst for 3.2 YOE in Infosys?? Is it a good role ? Kindly suggest

I had 4 rounds of interviews with Microsoft recently. How many days will Microsoft take to share the result. Any idea?

Happy fly day. Did you work out this morning?

Had 2 hours of billable work today 💀

I wonder if we’ll still have minimum billable hours if WWIII breaks out

For those interested, you can now follow hashtag MoskowitzCooks on LinkedIn. I will be posting the more informative posts as the versions here are abridged for obvious reasons.

Does anyone have experience with a CMS migration? I inherited a migration plan with very little context. Any recommendations or best practices on how to move forward? Who should be included as stakeholders?

Are we holding GME?

What technical interview questions can I expect for a Cloud ISSO position?

Anyone doing two FT corporate/industry jobs concurrently? Any tips, potential downsides, reflections being in that position? Also how do you show that on MBA applications

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

Have about 5k to invest - should I do FXAIX or FSKAX?

In your opinion which is the best target fund to choose in IRA Roth?

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

Tips for refinancing a car I’ve had for 6 months. I’ve paid on time for every month but I’m paying $600/mo on a loan with 15% interest? I owe $25K. Will the original bank, Chrysler Capital, consider it or do I need to find another organization?

Why do 403b have such I fees? I almost want to stop contributing all together or just minimum 6% to meet the match. Possibly just rely on the pension but what if it’s underfunded when I retire?

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

Need advice. Have some credit card debt that I’ve been working to pay off. Have made progress but want to lower it quickly. We have dual income, with a house (~$300k in equity), 1 kid and 1 on the way. I’ve looked into debt consolidation via HELOC but also have ~$80k in vested equity in my company that I haven’t touched. Get equity refreshes every year. Would it be smarter to cash out $15k-$20k of that to pay debt vs. a HELOC at ~5% given that will still require mthly payments

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

Newly minted consultant here looking for financial advice.

So I just moved to consulting after B school, and It's more money than I've made my entire life. After paying for rent and living expenses, I have 6000$ left over every month. My student loan payments are about 1200/month at 7% interest. I still owe another 95K on my loan. I have the option to pay more every month and reduce my overall interest paid.
Currently I put about 3000 towards my loan and 3000 towards my savings. Cont'd...

I recently joined a company after being self employed. I’m on hubs’s health insurance. We have no kids. It’s United healthcare. The company offers United as health insurance. What’s the best way to compare plans? I have not been in this situation before so apologies in advance if this is a dumb question.

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.

Any good wedding ring sources aside from Blue Nile?

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

Seeking feedback on GAP insurance. I had a family member who purchased a car in June or July. They were in an accident last week and it sounds like the car will be declared a total loss. Never dealt with this before, so wanted to ask if anyone has ever had an instance where the insurance didn't cover the outstanding balance of the loan and the insured then owed money? Car was $35k, $7k down, finance $28k. Gap insurance is through lender, not auto insurer.

Looking to get an Alfa Romeo Giulia Ti sometime this year. Brand new the MSRP is about 45K and despite the reputation of the old Alfa Romeo’s from the 90’s these seem to be night and day more reliable. Would you recommend buying new, leasing new, or buying used? If I bought used it would be anywhere from 2019-2021